Subscribe To
US: Real GDP Ended 2022 on a Firm Footing, Though Details Show Demand Adjustment Already Underway
Real GDP expanded by 2.9% quarter-on-quarter (q/q, annualized) in the fourth quarter of 2022. The reading came in above the consensus forecast of 2.6%. For the year, the U.S. economy expanded by 2.1% – a pace of growth slightly above trend (~1.8%) – though a marked deceleration from 2021’s 5.9%. Consumer spending grew by 2.1% […] The post US: Real GDP Ended 2022 on a Firm Footing, Though Details Show Demand Adjustment Already Underway appeared first on Action Forex...
Read More
Posted: Jan 26 2023, 15:07
Author Name: actionforex
Views: 111717